Western Union Competitors and Similar CompaniesClear all

Wise's competitors and similar companies include Ebury and American Express.

	Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.	Ebury Ebury Partners is a company specialized in international payments, collections, and foreign exchange services.	American Express American Express is a company that provides payment solutions.
Founding Date	Founding Date 2011	Founding Date 2009	Founding Date 1850
Type	Type Public	Type Subsidiary	Type Public
Tags	Tags Technology exchange fintech money transfer payments platform	Tags Financial Services exchange fintech payments platform	Tags Financial Services insurance life insurance payments
Locations	Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more	Locations London, GB HQ Brisbane City, AU Melbourne, AU North Sydney, AU Perth, AU Bruxelles, BE São Paulo, BR see more	Locations New York, US HQ Buenos Aires, AR Melbourne, AU Vienna, AT Seef, BH Brussels, BE Toronto, CA see more
Employees	Employees 6,000	Employees 1,7562% increase	Employees 75,10017% increase
Valuation ($)	Valuation ($) 96.2 m	Valuation ($) N/A	Valuation ($) 191.2 b
Financial
Revenue (est.)	Revenue (est.) £1.1b (FY, 2024)	Revenue (est.) £29.4m (FY, 2022)	Revenue (est.) $58.7b (FY, 2024)
Cost of goods	Cost of goods £252.5m (FY, 2024)	Cost of goods £15m (FY, 2022)	Cost of goods $8.3b (FY, 2024)
Gross profit	Gross profit £805.2m (FY, 2024)	Gross profit £14.4m (FY, 2022)	Gross profit $50.4b (FY, 2024)
Net income	Net income £354.6m (FY, 2024)	Net income (£29.1m) (FY, 2022)	Net income $10.1b (FY, 2024)
Operating ⚠
Currencies	Currencies 40 (FY, 2023)	Currencies 130 (Jul, 2023)	Currencies N/A
Product Categories	Product Categories 3 (FY, 2023)	Product Categories 4 (Jul, 2023)	Product Categories N/A
Funding
Total funding raised	Total funding raised $ 1b	Total funding raised $ 570.8m	Total funding raised N/A